How delayed settlements harm SMB cash flows, FBI sounds Business Email Compromise alarm, and Joust eyes gig workers’ banking gap
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 13, 2020

       BUSINESS-TO-BUSINESS EDITION

SMB Banking

FinServ Draws The Line Between Freelancer And Small Business

The gig economy brought home $1.4 trillion in earnings in 2018 alone. How they manage that revenue is becoming a bigger challenger, however, with banks struggling to offer products to professionals that sit somewhere between consumer and small business. Joust Co-founder and Chief Operating Officer George Kurtyka tells PYMNTS how FinServ can start to draw the line that defines the modern gig worker.

 

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Convergence Of AR And AP

The Cash Flow Impact Of Connecting AR With AP

This week’s look at the convergence of AR and AP finds new solutions from banks and FinTechs alike finding opportunity to strengthen the buyer-supplier relationship through tools that tackle friction on both ends of the B2B transaction: easing supplier on-boarding and electronic payments via AP portals, and introducing supply chain financing to promote cash flow for both buyer and supplier.

 

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The Small Business Guide To Rapid Settlement Playbook™

New Report: One Day Too Long: Why Small Businesses Want Rapid Settlement

Online commerce has opened vast opportunities for small businesses to find new customers, but digital payments can put the pinch on accessing those sales. In fact, a new report finds that nearly 50 percent of online-oriented firms say they are negatively impacted when access to those funds goes beyond a day. In the latest edition of The Small Business Guide To Rapid Settlement Playbook series, PYMNTS reveals who’s most at risk and what many are doing to address these cash flow challenges.

 

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